The best topic

*

Seriously?!?!
Topic rating: 4.00

Other popular topics

Replies: 666
Total votes: : 3

Last post: May 13, 2024, 10:23:35 PM
Re: Seriously?!?! by Lokmar

A

Hey Seoulbro, How long do you think this latest finacial crisis will last?

Started by Anonymous, March 19, 2020, 02:28:21 PM

Previous topic - Next topic

0 Members and 1 Guest are viewing this topic.

Reply Print
Go Down Pages1 2
User actions

Anonymous

March 19, 2020, 02:28:21 PM
...and when do you think the markets will hit rock bottom?



And when it does, where will the TSX, Dow, S&P & others be valued at?



Just curious, eh.

Anonymous

#1
March 19, 2020, 02:31:12 PM
Quote from: "Your Friend Joe"...and when do you think the markets will hit rock bottom?



And when it does, where will the TSX, Dow, S&P & others be valued at?



Just curious, eh.

Joe, why do you care?



You have no savings.



How would Seoul know when this global pandemic will end?



He's not an epidemiologist.

Anonymous

#2
March 19, 2020, 02:54:59 PM
Quote from: "Fashionista"
Quote from: "Your Friend Joe"...and when do you think the markets will hit rock bottom?



And when it does, where will the TSX, Dow, S&P & others be valued at?



Just curious, eh.

Joe, why do you care?



You have no savings.



How would Seoul know when this global pandemic will end?



He's not an epidemiologist.


But that's a misconception you & many others have, Fashionista.



That the current economic downturn was caused soley by the coronavirus.



I think it was much more that tanked it.



I'd been listening to warnings from some very reputable economists & billionaire investors that we were headed for a crash anyways.



If it didn't happen now, it would later.

Anonymous

#4
April 05, 2020, 01:30:09 AM
Top experts have said lately that things will get worse before they get better.



Therefore the stock markets could decline much further & the downturn will probably be worse than the 2008 Recession:



">

Anonymous

#5
April 05, 2020, 01:34:49 AM
Joe, we are in the midst of a pandemic..



How would Seoul know when it's going to end.

Anonymous

#7
April 05, 2020, 03:41:11 AM
Quote from: "Guest"Top experts have said lately that things will get worse before they get better.



Therefore the stock markets could decline much further & the downturn will probably be worse than the 2008 Recession:



">


 ac_boring

Anonymous

#8
April 05, 2020, 05:28:03 AM
"Never try to catch a falling knife"...



In my own opinion, the stock market has more or less bottomed right now, but I could be wrong.  I wouldn't hesitate to buy solid stocks right now, if you can go long...



Economically, we're fucked as long as the World continues to operate on a skeleton crew...  We can't stop the virus, nor is a vaccine even possible for many, many months, if at all.



Mass unrest will eventually happen, in the next few weeks or months, I predict, and at that point in time we'll have to make a decision...  Open society back up, or face massive social unrest.  I predict the former will happen.

Anonymous

#9
April 05, 2020, 06:21:39 AM
Quote from: "Mel""Never try to catch a falling knife"...



In my own opinion, the stock market has more or less bottomed right now, but I could be wrong.  I wouldn't hesitate to buy solid stocks right now, if you can go long...



Economically, we're fucked as long as the World continues to operate on a skeleton crew...  We can't stop the virus, nor is a vaccine even possible for many, many months, if at all.



Mass unrest will eventually happen, in the next few weeks or months, I predict, and at that point in time we'll have to make a decision...  Open society back up, or face massive social unrest.  I predict the former will happen.


According to this video, the stock market will likely decline after the effects if $2 trillion stimulus has worn off. Plus we're at the beginning of what many economists forsee as a long & deep recession.



">




For that reason, its probably advisable to wait & eatch how the market goes.



Bit if the indicators are correct, the US economy faces a 14% decline (minimum) over the next 6 months. So usually that translates into the stock market falling further from its present level.



The Dow us currently at 21,000 off from its high of 30,000.



But the current valuations are clearly inflated & do not reflect current market conditions.



They are being propped up by market manipulation & government interference.



I bet the true value of the Dow is only about 13,000 to 14,000 since it almost went below 18,000.



And the Dow will approach those numbers as the economy declines further.



Anyways you're lucky you sold your condo when you did, Mel.



Because I'm under the impression real estate aint sellin much these days in Vancouver or elsewhere.



There'll probably be tons of unsold homes & condos in the next 6 mos.



The ones who bought 6 mos ago purchased in a fools market.

Anonymous

#10
April 05, 2020, 03:05:03 PM
an insight on how severe the current recession will be and how to invest accordingly:



">

Anonymous

#11
April 05, 2020, 04:28:17 PM
Quote from: "Your Friend Joe"an insight on how severe the current recession will be and how to invest accordingly:



">


 ac_boring

Anonymous

#12
April 06, 2020, 12:52:24 AM
Finding the Bottom of the Market:



">




...I figger this video might help seoulbro make an informed guess as to when it will be reached

Anonymous

#13
April 06, 2020, 01:01:35 AM
Quote from: "Guest"Anyways you're lucky you sold your condo when you did, Mel.



Because I'm under the impression real estate aint sellin much these days in Vancouver or elsewhere.



There'll probably be tons of unsold homes & condos in the next 6 mos.



The ones who bought 6 mos ago purchased in a fools market.

The one problem lately now, is condo and townhouse insurance.  When I first bought my unit, the buildings deductible was $5,000.  After a few years, it was something like a $75,000 deductible, which the unit owner would get secondary insurance on.



It's strange to me that I can insure a house for the same or even less than a condo costs to insure now...

Anonymous

#14
April 06, 2020, 04:10:29 AM
Paat Stock Market Crashes & What We can Learn From Them:



">




One Notable Reply to the Video:


QuoteZapper Zapped 2 weeks ago



"Lost 90% of my hard earned wealth"


....so in case y'all sceptics have been wonderin'...



It IS possible to lose your SHIRT or LIFE'S SAVINGS in the stock market at A MOMENT'S MOTICE without even trying.
Reply Print
Go Up Pages1 2
User actions
 

Quick Reply

Warning: this topic has not been posted in for at least 120 days.
Unless you're sure you want to reply, please consider starting a new topic.

Note: this post will not display until it has been approved by a moderator.

Name:
Bold
Italic
Underline
Strikethrough
Superscript
Subscript
Preformatted text
Align left
Center
Align right
Justify
Font name
Font size
Font color
Float left
Float right
Insert a Youtube or Vimeo video
Insert an image
Giphy
Insert a link
Insert an email
Insert a table
Code
Insert a Quote
Bullet list
Numbered list
Insert a horizontal rule
Maximize
Hide content to member unless they react to it
Instagram
:yeahhh::s_laugh::s_hi::pardon::kleenex::good::thumbup2::laughinatu::drunk2::musicboohoo::Doh2::dontknow::crampe::popcorn::facepalm::crazy::ecomcity:
More
Verification:
Please leave this box empty:
Type the letters shown in the picture
Listen to the letters / Request another image

Type the letters shown in the picture:
Is Alticus a dick sucking fairy? (answer is opposite of no):
Is the "D" in Django silent? Yes or No? (must be lower case):
911 was an attack on what city (spell out lower case two words):
Shortcuts: ALT+S post or ALT+P preview